Nihon EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nihon EnterpriseLtd has a total shareholder equity of ¥5.0B and total debt of ¥165.0M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥5.9B and ¥891.0M respectively. Nihon EnterpriseLtd's EBIT is ¥255.0M making its interest coverage ratio -51. It has cash and short-term investments of ¥4.3B.
Key information
3.3%
Debt to equity ratio
JP¥165.00m
Debt
Interest coverage ratio | -51x |
Cash | JP¥4.34b |
Equity | JP¥5.01b |
Total liabilities | JP¥891.00m |
Total assets | JP¥5.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4829's short term assets (¥5.2B) exceed its short term liabilities (¥660.0M).
Long Term Liabilities: 4829's short term assets (¥5.2B) exceed its long term liabilities (¥231.0M).
Debt to Equity History and Analysis
Debt Level: 4829 has more cash than its total debt.
Reducing Debt: 4829's debt to equity ratio has reduced from 5.5% to 3.3% over the past 5 years.
Debt Coverage: 4829's debt is well covered by operating cash flow (200.6%).
Interest Coverage: 4829 earns more interest than it pays, so coverage of interest payments is not a concern.